The Meme King Preps for liftoff: $PEPE Eyes a 230% Recovery Rally After Market Reset đžđ
Following a massive liquidation event that saw $PEPE plunge over 60%, analysts are now framing the deep correction as a necessary Market Reset, not a collapse. Revival signals are flashing across the charts, indicating that the token is primed for a significant rebound.
âđ Crucial Technical Levels:
âSupport Reclaim: $PEPE has successfully reclaimed a vital monthly support zone near $0.000005. This area has historically served as the launching pad for previous explosive rallies.
The Bullish Trajectory: If the bulls successfully defend this critical support, the next upside targets are clearly defined:
âTarget 1: $0.000010
âTarget 2: $0.000013
âTarget 3: $0.000016
âMomentum Shift: A clean break and sustained trade above $0.000010 could trigger a quick 100% surge. Crucially, flipping the $0.000016 level would confirm a full momentum shift to structurally bullish.
Potential Recovery Target:
âShould the token clear these technical barriers, $PEPE's ultimate goal would be to target the previous high near $0.00003047, marking a potential recovery rally exceeding 230% from the recent crash lows.
âWith trading volume surging and market confidence gradually returning, the message is unambiguous: Meme Season is not over. $PEPE's next moon mission may be just around the corner. đđ„
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